The Mexican currency remained stable this weekend against the exchange rate with the US dollar. The price of the dollar today, Sunday, June 16, 2024, in Mexico is 18.46 Mexican pesos per US dollar on average. How did the dollar close on Friday, June 14, 2024?The exchange rate of the dollar to peso closed on […]

The Mexican currency is the third most depreciated currency, due to various factors that have led analysts to think that the Mexican peso could continue to lose strength. The peso-dollar exchange rate shows significant movements today, with the Mexican currency being the third most depreciated currency, due to various factors that have led analysts to […]

In light of the BRICS economic alliance’s recent activities, the United States’ fourth-largest financial institution, Citigroup, has issued a cautionary statement about a potential economic downturn. Citigroup’s lead economist for the United States, Andrew Hollenhorst, has voiced his apprehensions about the nation’s economic stability in a discussion with CNBC. Hollenhorst raised alarms about the labor […]

Under President Andrés Manuel López Obrador’s administration, a new approach to social welfare has been adopted, emphasizing universal benefits over targeted assistance. This shift has led to a significant increase in social spending, particularly for senior citizens, the unemployed, students, farmers, and those with disabilities. However, this broad distribution of funds has resulted in Mexico’s […]

An incident involving various banks has raised alarms among financial institutions and security companies responsible for safeguarding their systems. As a result, surveillance measures have been reinforced. However, no incidents have been reported thus far. According to SEPROBAN (Security and Banking Protection), a company dedicated to supporting banks in security matters in coordination with law […]

The dollar today was recovering after falling during the Asian session to its lowest level against the Euro, the British pound, and the Swiss franc since mid-March. This was due to a weakening U.S. economy, which reinforced arguments in favor of early interest rate cuts by the Federal Reserve. Meanwhile, the Mexican peso, which had […]

The Mexican peso weakened against the dollar, recording its worst day since March 2020 following Morena’s electoral victory this Sunday and the nervousness generated by the fact that it will have a majority in Congress. According to data from the Bank of Mexico (Banxico), the national currency ended the session with a depreciation of 4.21% […]

The refugee population in Mexico has grown by nearly 300% in recent years, but they continue to face obstacles in obtaining dignified employment due to unfamiliarity with the procedures required by companies and the time needed for document validation. A group of 46 large companies operating in the country will hire migrants and refugees. This […]

The Federal Electricity Commission (CFE) is a fundamental piece in the lives of millions of Mexicans because they are the reason we have a connection to electrical energy, so this news will not only be good for you but also for your pocket, as it is about a discount, but where and to whom will […]

The State Competitiveness Index from IMCO indicates that all 32 entities improved in: mobile telephony, internet access, point of sale terminals, mobile banking, savings, and air passenger flow. Mexico City, Baja California Sur, Coahuila, and Nuevo León are the states leading the State Competitiveness Index 2024 (ICE). Compared to the ICE of 2023, the Mexican […]